CVLG Options History — September 2024

In September 2024, CVLG traded between $25.36 and $26.86. ATM implied volatility averaged 20.3%, placing in the 19.2% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 1.9% (HV 20d: 18.4%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 3.66.

Notable Days

  • 2024-09-04: Highest Volume — 190 contracts
  • 2024-09-04: Largest IV spike — 17.6% change
  • 2024-09-05: Highest IV Rank — 26.3%
  • 2024-09-06: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.19$25.36$26.86$26.36$26.30
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV20.3%15.6%24.1%17.4%15.6%
Expected Move5.9%4.5%7.2%5.0%4.5%
HV 20d18.4%14.4%21.6%21.6%17.8%
HV 60d29.4%29.2%29.9%29.3%29.7%
IV Rank19.2%10.5%26.3%13.9%10.5%
IV Percentile21.0%4.0%34.9%6.7%4.0%
Term Structure10.3%0.8%21.4%0.8%16.8%
VWIV21.6%18.3%24.9%21.4%20.1%
Skew 25d2.7%0.0%4.2%0.0%0.3%
Skew 10d6.1%0.2%29.4%29.4%2.6%
Call IV 25d19.8%16.8%22.6%21.2%18.8%
Put IV 25d22.6%19.1%26.2%21.2%19.1%
Bid-Ask Spread %96.4279.53108.2179.53108.21
Gamma HHI0.300.260.380.290.31
Net GEX34.2K-2.0K78.1K53.1K-1.0K
Net DEX-1.1M-2.0M-146.2K-1.7M-175.0K
Net VEX-5.0K-6.6K-3.8K-5.7K-4.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.660.0044.000.0044.00
Total Volume23.90190090
Total OI4,594.61,2646,0445,8661,316

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$26.36$25.0017.4%5.0%21.6%13.9%0.0%0.0%0.8%53.1K-1.7M-5.7K0.0079.53N/AN/A001,5304,336
2024-09-04$26.14$25.0020.5%5.9%21.1%19.6%21.4%2.5%8.0%44.1K-1.5M-6.1K0.0080.69N/AN/A19001,5304,336
2024-09-05$25.81$25.0024.1%6.9%20.1%26.3%23.2%3.3%6.2%46.2K-1.2M-6.3K0.1394.05N/AN/A3041,6704,336
2024-09-06$25.36$25.0024.0%7.2%19.9%26.1%24.9%3.6%6.1%31.6K-864.6K-6.6K0.5092.89N/AN/A421,6924,334
2024-09-09$25.70$25.0023.8%7.1%20.1%25.8%0.0%3.7%5.9%44.5K-1.3M-5.8K0.0094.27N/AN/A401,6924,330
2024-09-10$25.59$25.0021.2%6.9%20.1%21.0%0.0%4.2%6.5%37.0K-1.3M-5.5K0.0094.34N/AN/A001,6924,330
2024-09-11$25.58$25.0023.5%6.8%19.9%25.3%0.0%4.0%7.3%37.5K-1.2M-5.5K0.2596.41N/AN/A40101,6924,330
2024-09-12$25.79$25.0023.6%6.8%20.0%25.5%0.0%1.4%6.9%40.2K-1.4M-5.4K0.00100.14N/AN/A201,7024,340
2024-09-13$26.12$25.0023.3%6.7%18.4%24.9%0.0%2.3%6.9%61.2K-1.5M-5.8K0.0097.33N/AN/A201,7024,340
2024-09-16$26.14$25.0023.3%6.7%18.3%24.9%0.0%2.5%7.0%52.6K-1.7M-4.7K0.0099.37N/AN/A201,7044,340
2024-09-17$26.36$25.0020.8%6.0%18.4%20.2%24.8%3.3%9.1%73.3K-1.7M-4.9K1.5098.06N/AN/A461,7044,340
2024-09-18$26.39$25.0017.2%4.9%18.1%13.4%0.0%2.5%9.1%68.8K-1.7M-4.8K0.00101.57N/AN/A001,7044,340
2024-09-19$26.70$25.0019.1%5.5%18.3%17.0%0.0%3.2%13.3%78.1K-2.0M-4.4K0.00100.36N/AN/A001,7044,340
2024-09-20$26.56$25.0017.7%5.1%18.3%14.4%0.0%2.5%14.4%2.2K-2.0M-3.8K0.8999.13N/AN/A18161,7044,340
2024-09-23$26.58$25.0017.6%5.0%15.0%14.1%18.7%2.0%14.7%2.5K-252.6K-3.9K0.33101.89N/AN/A62510754
2024-09-24$26.86$25.0018.2%5.2%15.2%15.4%18.3%3.2%14.8%5.8K-304.6K-3.8K0.0098.65N/AN/A60516754
2024-09-25$26.70$25.0017.5%5.0%14.4%14.1%0.0%3.3%15.4%6.0K-285.9K-3.9K0.0088.56N/AN/A040522754
2024-09-26$26.17$25.0018.4%5.3%16.2%15.6%0.0%4.2%21.4%-2.0K-146.2K-4.0K0.00101.08N/AN/A00522794
2024-09-27$26.64$25.0018.9%5.4%17.3%16.7%0.0%2.4%15.7%2.7K-244.2K-4.0K0.00101.82N/AN/A00522794
2024-09-30$26.30$25.0015.6%4.5%17.8%10.5%20.1%0.3%16.8%-1.0K-175.0K-4.0K44.00108.21N/AN/A288522794